The Dallas/Ft. Worth Industrial market ended the third quarter 2015 with a vacancy rate of 7.2%. The vacancy rate was up over the previous quarter, with net absorption totaling positive 697,394 square feet in the third quarter.
The Dallas/Ft. Worth Office market ended the third quarter 2015 with a vacancy rate of 14.1%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,719,660 square feet in the third quarter.
Through three quarters of 2015 the Dallas-Fort Worth industrial market has absorbed 13.4 million square feet bringing the overall vacancy rate down to 8.1%. The South Dallas and DFW Airport markets showed the highest gains during the third quarter. North Fort Worth had the biggest loss due to DSC Logistics and Flextronics vacating a combined 1 million square feet.
Through three quarters of 2015 the Dallas-Fort Worth office market has absorbed over 3.6 million square feet of office space bringing the vacancy rate down to 15.2%. Far North Dallas, Richardson/Plano and Preston Center markets saw the most absorption this quarter. Fort-Worth and the Mid Cities also had a strong quarter absorbing over half a million square feet.